The cryptocurrency market broadens every day with countless digital coins added to exchange offerings. Yet along with the nascent market boom, there comes a growing concern over the safety of cryptocurrency exchanges operating all over the world as the acts of cyber-attacks are becoming more common.
The governments of countries particularly prone to cryptocurrency investment has reacted immediately and now we are observing the abundance of international regulatory frameworks developed in order to prevent fraud and heist recently taken place within the industry.
However, it is always up to investor who decides whether a trading platform meets the desired security and credibility standards to be pump up with funds. Given such an array of cryptocurrency exchanges, it is a tough choice indeed.
Ruby-x has introduced itself as the most advanced exchange on the planet, guaranteeing a high level of transparency, safety, and expansion allowing to gain confidence in the crypto market. Therefore, it has managed to wrought investors’ attention so far.
The platform is a new concept of cryptocurrency exchange that provides an integrated trading service including funds, technology, and information trading services as well as a cryptocurrency trading service. The team standing at helm of the Ruby-x project consists of experienced IT, security, and financial specialists from the well-known global companies such as Samsung, LG, Hitachi, Hyundai, and Paysafe.
The goal of Ruby-x is to construct its own ecosystem with transparent management, secured service, and an expansible platform. All the transaction fees and histories will be open to public, so that the platform can be transparent enough to prevent any fraudulent activity. Moreover, Ruby-x offers the cold wallet system for users to block hacking attempts and make the exchange platform more stable.
The Ruby token also known as RBY designed to be the key currency of Ruby Exchange that will be eventually used to pay all transaction fees. Investors will have a chance to obtain underlying RBY tokens during a token sale set to be live from 10 August to 17 September 2018.
Notably the upcoming token sale will be the first and the last public sale of Ruby Exchange, so the participants can purchase the tokens at its half price only during this event. The token price will increase after the sale, and the price of 1 RBY will be equivalent to $0.5, once the official Ruby Exchange is open. Only 10% of the total supply will be available to the public on this sale, which is 2 billion out of 20 Billion Ruby tokens without any soft cap.
Funds raised during the Ruby-x’s Public sale will be used to make the Ruby’s trading platform open-source, thus contributing to the development of decentralized mainnet and AI platforms. The public sale will also enable the projects to execute its go-to-market strategy.
Meanwhile, Ruby-x is planning to hold various grand opening events giving to its users $10,000,000-worth rewards including a mobile house. In addition, Ruby-x has also prepared many more prizes and awards for the winners as well as an opportunity to become a Ruby fund-crypto manager.